Sierra Metals Inc.

3.4

Canada & Ontario Toronto

79 Wellington Street West, Suite 2100, P.O. Box 157

+1 866 493-9646

www.sierrametals.com

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Company Press Releases

Sierra Metals Reports Third Quarter 2018 Production Results

TORONTO, Oct. 10, 2018 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) ("Sierra Metals" or "the Company") is pleased to report its third quarter 2018 production results. Results are from Sierra Metals' three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, and the Bolivar copper and Cusi silver Mines in Mexico. Third Quarter 2018 Production Highlights Silver production of 0.7 million ounces; a 44% increase from Q3 2017Copper production of 8.6 million pounds; a 24% increase from Q3 2017Zinc production of 20.8 million...

Sierra Metals Confirms Porphyry Mineralization at its Yauricocha Mine in Peru, Positive Results Include 22 Meters of 0.46% Copper and 134 ppm Molybdenum And 10.73 ppm Cobalt

Drill hole highlights include: drilled from 720 level Klepetko tunnel to 1394.60m in depth From To Cu Mo Co Hole E PORF 10-18-01 798m 806m 0.46% 219 ppm 24.25 ppm over 8 meters 822m 844m 0.46% 134 ppm 10.73 ppm over 22 meters 854m 872m 0.54% 131 ppm 17.67 ppm over 18 meters 950m 958m 0.49% 110 ppm 6.25 ppm over 8 meters 968m 980m 0.45% 68 ppm 6.50 ppm over 12 meters TORONTO, Oct. 1, 2018 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) ("Sierra Metals" or "the Company") today confirms the discovery of a new style of mineralization (copp...

Sierra Metals Announces Filing of NI 43-101 Technical Report on the Preliminary Economic Assessment Report for its Bolivar Mine in Mexico with a 67% Output Expansion Yielding a 550% Return on Investment

TORONTO, Aug. 23, 2018 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) ("Sierra Metals" or "the Company") has filed a technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") on the Bolivar Mine (the "Report"). The Report supports the disclosure made by the Company in its news release dated July 9, 2018 entitled "Sierra Metals Announces Positive Preliminary Economic Assessment Results for a 67% Output Expansion at its Bolivar Mine in Mexico to 5,000 Tonnes Per Day Yielding a Return on Investment...

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